Severance package is 10 weeks base and a prorated bonus and if you are African American you can forget on posting for roles they want you out.
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Topics regarding layoffs at GE Capital
I heard there are going to be layoffs at end of oct and maybe more by Christmas.
Theyll tell you your all keeping your jobs just so everyone does not jump ship and screw up their bottom line before the buyout. once they get closer to the take over date youll see them letting people go. If your lucky to survive the take over, and... read more
Do you think we'll have massive layoffs after we leave GE proper? I have experience with Private Equity management and I can tell you that Investment Bankers and Private Equity cares just about money and they tend to destroy jobs and milk cash flows... read more
Any news here? I heard that there might be massive layoffs very soon? Anyone from GE Capital can confirm this?